Series 50: Tax Increment Bonds

Taken from our Series 50 Online Guide

Tax Increment Bonds

Tax increment bonds are designed to subsidize improvements in poorly developed or underused areas. The payments on the debt issued by the municipality are funded by expected increases in tax revenue, including higher property (ad valorem) taxes and other revenue generated by the proposed project.

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I had the Series 50 study guide memorized backwards and forwards, but still found the exam to be extremely difficult. I think the study guide still needs a lot of refining to cover more of the exam content, but I sure as heck wouldn't have passed the exam without it. Found the Solomon study guide to be absolutely necessary, but still in need of considerable improvement.

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Elizabeth Hill, Bright Bay Advisors, LLC, Long Beach, NY